Raytheon
Raytheon, an RTX business unit, is a U.S. defense prime contractor providing air and missile defense systems, precision-guided munitions, naval radar, and space-based sensors to the U.S. military and allied governments via DoD contracts and Foreign Military Sales.
- Company typePublic
- Founded1922
- HeadquartersArlington, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Raytheon does
Raytheon operates as the defense business unit of RTX Corporation, providing integrated air and missile defense systems, precision-guided munitions, advanced radar, electronic warfare, and space-based sensing to the U.S. military and allied governments. Founded in 1922 and headquartered in Arlington, Virginia, Raytheon maintains major manufacturing operations in Tucson, Arizona (missiles — Javelin, Stinger, Tomahawk), Andover and Portsmouth (radar and sensing), Louisville (SeaRAM), and a growing footprint in Poland where RTX employs over 9,400 people. Its core product portfolio includes the Patriot air and missile defense system with GEM-T and PAC-3 MSE interceptors, the next-generation LTAMDS radar, the SPY-6 family of naval radars (deployed on Arleigh Burke and Zumwalt destroyers), the Javelin anti-tank weapon (50/50 joint venture with Lockheed Martin), the AIM-9X Sidewinder and AIM-120 AMRAAM air-to-air missiles, Tomahawk cruise missiles, THAAD interceptors, the GBU-53 StormBreaker glide bomb, the Coyote counter-drone system, and Next-Generation Overhead Persistent Infrared (NGG) space sensors. Raytheon holds the #1 patent position in the defense sector.
Revenue is generated through fixed-price and cost-plus contracts awarded by the U.S. Department of Defense and through Foreign Military Sales (FMS) administered by the U.S. State Department to allied governments. The business model spans multi-year program lifecycles from development through production to sustainment, with separate revenue streams from initial systems sales and from recurring technical support, training, maintenance, upgrades, and logistics services over the operational life of deployed platforms. Primary customers are the U.S. Army, Navy, Air Force, and Space Force, alongside NATO and Indo-Pacific allied governments including Poland, Finland, Germany, Australia, Japan, Belgium, Norway, Israel, and India.
The business is currently in an investment and capacity-scaling phase: Raytheon is doubling SPY-6 radar output by 2028, ramping AIM-9X production to 2,500 missiles annually, growing Tomahawk output from under 200 to over 1,000 annually, modernizing its Tucson factory for the new Javelin Lightweight Command Launch Unit, and expanding its Portsmouth facility for LTAMDS and Patriot GEM-T subcomponents. The company is also pursuing next-generation technologies — composable solid rocket motors with Northrop Grumman, software-defined radar for the Office of Naval Research, additive manufacturing of missile airframes with Divergent Technologies, and a divested, sharper focus on core missile and radar franchises following the announced $620 million sale of Blue Canyon Technologies to MDA Space.
Raytheon firmographics
Firmographics- Name
- Raytheon
- Legal name
- RTX Corporation
- Website
- https://raytheon.com
- Company type
- Public
- Founded year
- 1922
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Raytheon, an RTX business unit, is a U.S. defense prime contractor providing air and missile defense systems, precision-guided munitions, naval radar, and space-based sensors to the U.S. military and allied governments via DoD contracts and Foreign Military Sales.
- Ownership category
- akta.pro rank
Raytheon industry classification
Industry- Product category
- Defense Systems and Missile Manufacturing
- NAICS
- Guided Missile and Space Vehicle Manufacturing (336414), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing (336415), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419)
- SIC
- Guided Missiles & Space Vehicles & Parts (3760), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)
- akta.pro primary industry
- Air Defense Missiles & Interceptors (IMABAHAD)
- akta.pro secondary industries
- Radar Systems & Subsystems (Airborne, Ground, Naval) (IMABAGAA), Bombs, Depth Charges & Aerial Delivered Ordnance (IMABAHAI), Naval Weapons & Launch Systems (Guns, VLS, Torpedoes) (IMABAKAC), Anti-Ship & Coastal Defense Missiles (IMABAHAE), Military ISR, EW & SIGINT Payloads (Airborne) (IMABAMAF)
Keywords
Where Raytheon is headquartered
LocationHeadquarters
- HQ city
- Arlington
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Raytheon business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Supply Chain, Infrastructure, Operations, Marketing or Sales
Revenue model
- Defense weapons systems and missiles: Fixed-price and cost-plus defense contracts for the design, development, and production of missile systems, radar platforms, and air defense systems for U.S. and allied military customers. Revenue recognized over multi-year program lifecycles from development through production and sustainment.
- Defense services and sustainment: Ongoing technical support, training, maintenance, upgrades, and logistics services for deployed defense systems. Provides recurring revenue from sustainment contracts over the operational life of weapons platforms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Government defense procurement — pricing not publicly disclosed; subject to FAR/DFARS regulations. |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Raytheon product offering
Product offeringCore offering
Raytheon designs, develops, and manufactures integrated air and missile defense systems, precision-guided munitions, naval and ground-based radar systems, and space-based missile-warning sensors for the U.S. Department of Defense and allied governments. The portfolio spans interceptors (Patriot, PAC-3 MSE, THAAD), air-to-air missiles (AIM-9X Sidewinder, AIM-120 AMRAAM), cruise missiles (Tomahawk), anti-tank weapons (Javelin), naval radars (SPY-6 family, LTAMDS), counter-drone systems (Coyote), and overhead persistent infrared (OPIR) space payloads.
Product overview
Raytheon, an RTX business, is a major defense contractor providing comprehensive air and missile defense systems, precision-guided munitions, radar systems, and advanced sensor technologies. The product portfolio centers on integrated defense systems including the Patriot missile defense system with GEM-T interceptors, the LTAMDS radar, and the SPY-6 family of naval radars. Core offensive products include the AIM-9X Sidewinder and AIM-120 AMRAAM missiles, Tomahawk cruise missiles, Javelin anti-tank weapons, StormBreaker glide bombs, and THAAD interceptors. Advanced programs include the Next-Generation Overhead Persistent Infrared (NGG) satellite sensors, composable solid rocket motor technology under DARPA's Burn n' Go program, and software-defined radar capabilities. The company also provides SeaRAM ship self-defense systems, counter-drone solutions like the Coyote system, and supports the Golden Dome missile defense initiative. Products serve the U.S. military, allied nations through Foreign Military Sales, and international customers including Australia, Finland, Belgium, Poland, and Germany.
Differentiator
Problem solved
Functional benefit
Products and services
- Patriot Missile Defense System
- PAC-3 MSE Missile
- THAAD Interceptor
- Lower Tier Air and Missile Defense Sensor (LTAMDS)
- AN/SPY-6 Family of Radars
- AIM-9X Block II Sidewinder Missile
- AIM-120 AMRAAM
- Tomahawk Cruise Missile
- Javelin Weapon System
- GBU-53 StormBreaker / SDB II Glide Bomb
- SeaRAM Missile Defense System
- Coyote Block 2/Block 3 Counter-Drone System
- Next-Generation Overhead Persistent Infrared (NGG) Sensor
- AN/APQ-188 AESA Radar
- Software-Defined Radar Capability
- Composable Solid Rocket Motor Technology
- Javelin Lightweight Command Launch Unit (LWCLU)
Quantifiable outcome
- SPY-6 radar deployed on Arleigh Burke-class destroyers and Zumwalt-class, providing integrated air and missile defense for the U.S. Navy surface fleet.
- +1 more outcomes
Companies that use Raytheon
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
Raytheon technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature14 records
Raytheon partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, flagship, minor and emerging.
- MDA SpacecoreMDA Space announced it is acquiring Blue Canyon Technologies (a Raytheon subsidiary) from RTX Corporation. Blue Canyon Technologies provides small satellite bus platforms and CubeSat solutions, making it a strategic acquisition target for MDA Space's satellite constellation ambitions.
- SEAKR EngineeringcoreSEAKR Engineering, a leading U.S. defense prime supplier of advanced electronics and space systems, was acquired by Raytheon Intelligence & Space in 2021. The acquisition expanded Raytheon's space-based payload and sensor capabilities, strengthening its position in military satellite communications and space sensing.
- Lockheed Martin (Javelin Joint Venture)coreThe Javelin Joint Venture is a 50/50 co-development and co-production partnership between Raytheon Missiles & Defense and Lockheed Martin, responsible for the Javelin anti-tank weapon system used by U.S. and allied forces worldwide.
- Divergent TechnologiesflagshipDivergent Technologies is collaborating with Raytheon to develop and manufacture advanced missile airframe structures using its additive manufacturing and digital thread platform. The partnership aims to modernize missile airframe production through digital design and automated manufacturing.
- Rocket LabcoreRocket Lab was selected alongside Raytheon as a prime contractor for the Space Development Agency's Space Based Interceptor program. Rocket Lab provides launch services and satellite bus expertise while Raytheon contributes interceptor and sensor technology for the missile defense constellation.
- Rocket LabcoreRocket Lab and Raytheon were selected together as industry team for the Space Based Interceptor (SBI) program under the Space Development Agency, combining Rocket Lab's rapid launch and spacecraft bus capabilities with Raytheon's interceptor and sensing technologies.
- Top AcesminorTop Aces, a provider of advanced adversary air support services, partnered with Raytheon Canada to support training and testing operations for Canadian and allied air forces. The partnership enhances operational readiness through realistic threat simulation.
- METLEN Energy & MetalsemergingMETLEN Energy & Metals is pursuing a defense collaboration agreement with Raytheon. The potential partnership would involve industrial cooperation and technology transfer related to air defense systems and other defense manufacturing in Greece and the Eastern Mediterranean region.
- METLEN Energy & MetalsemergingMETLEN is exploring defense industrial cooperation with Raytheon, potentially covering air defense systems, manufacturing, and sustainment in the Greek defense market and broader Eastern Mediterranean region.
- Northrop GrummancoreNorthrop Grumman and Raytheon are collaborating on the development of composable solid rocket motor technology — next-generation propulsion enabling modular motor configurations for advanced missile applications. This collaboration combines Northrop's propulsion expertise with Raytheon's missile system integration capabilities.
- Northrop GrummancoreNorthrop Grumman and Raytheon are co-developing software-defined radar architecture for the Office of Naval Research, advancing next-generation radar processing capabilities through a collaborative defense research program.
Scale indicators5 records
Recent moves8 records
Expansion highlights5 records
Raytheon competitors and assessment
Company assessmentDirect peers
- Lockheed Martin: Largest U.S. defense prime and direct competitor across missiles, air defense (THAAD integration), precision strike, and air-to-air; co-produces Javelin with Raytheon via the 50/50 Joint Venture, making it the closest direct peer and frequent competitor on next-generation programs.
- Northrop Grumman: Direct peer in missile defense (THAAD prime integrator), space-based sensing (NGG/OPIR competing payloads), and propulsion (composable solid rocket motor co-development partner); overlaps with Raytheon across nearly all major mission areas.
- BAE Systems: Major Western missile and air-defense prime competing in precision-guided munitions, naval combat systems, and electronic warfare; particularly direct in the European/NATO procurement market where Raytheon's Patriot and AMRAAM compete with BAE offerings.
- L3Harris Technologies: Direct competitor in space-based sensing, missile warning, electronic warfare, and intelligence/surveillance payloads; competes head-to-head with Raytheon on space and ISR programs for the DoD and intelligence community.
Broad incumbents
- Boeing Defense, Space & Security: Broad incumbent in defense aerospace competing on air-launched weapons, missile defense integration, and rotorcraft; competes with Raytheon on multiple precision-strike and platform-integration programs but as part of a wider portfolio spanning commercial aviation.
- General Dynamics: Diversified defense prime competing across combat vehicles, naval shipbuilding, and mission systems; partial overlap with Raytheon in naval combat systems (Aegis-equivalent integration) and battle management software.
Regional players
- MBDA: European multinational missile specialist and primary non-U.S. competitor in air defense and anti-ship missiles; competes with Raytheon's Patriot and Tomahawk across European procurement but is geographically focused on the EU/UK/Italy/France/Germany markets.
- Israel Aerospace Industries (IAI): Israeli defense prime with overlapping missile defense (Arrow), radar (MMR/ELTA), and space capabilities; competes with Raytheon in select Middle East and Indo-Pacific procurements but is primarily anchored in Israeli and regional defense markets.
Emerging players
- Kongsberg Defence & Aerospace: Norwegian defense firm specializing in anti-ship missiles (NSM) and air defense (NASAMS, in partnership with Raytheon); competes with Raytheon's Tomahawk and offers emerging alternatives in littoral strike and short-to-medium-range air defense.
- Rafael Advanced Defense Systems: Developer of Iron Dome, David's Sling, and Spike anti-tank missile; emerging peer in layered missile defense and precision strike with growing U.S. co-production presence, creating selective competition with Raytheon's Patriot and Javelin franchises.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Raytheon social profiles
Digital presenceRaytheon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Raytheon leadership team
Management profileNumber of profiles
Profiles8 records
Raytheon subsidiaries and ownership
Company hierarchySubsidiaries2 records
Raytheon funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Raytheon M&A and investment
M&A and investmentM&A23 records
Investments12 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Raytheon
What does Raytheon do?
Raytheon designs, develops, and manufactures integrated air and missile defense systems, precision-guided munitions, naval and ground-based radar systems, and space-based missile-warning sensors for the U.S. Department of Defense and allied governments. The portfolio spans interceptors (Patriot, PAC-3 MSE, THAAD), air-to-air missiles (AIM-9X Sidewinder, AIM-120 AMRAAM), cruise missiles (Tomahawk), anti-tank weapons (Javelin), naval radars (SPY-6 family, LTAMDS), counter-drone systems (Coyote), and overhead persistent infrared (OPIR) space payloads.
Is Raytheon a public or private company?
Raytheon is a public company. It is classified as public and is currently operating.
When was Raytheon founded?
Raytheon was founded in 1922. It employs 5,001 to 10,000 people.
Where is Raytheon based?
Raytheon is headquartered in Arlington, United States, in the North America region.
How does Raytheon make money?
Two revenue lines are on record. Defense weapons systems and missiles are the primary driver. The others are defense services and sustainment.
Who are Raytheon's main competitors?
Direct peers on record are Lockheed Martin, Northrop Grumman, BAE Systems and L3Harris Technologies. Broad incumbents are Boeing Defense, Space & Security and General Dynamics. Regional players are MBDA and Israel Aerospace Industries (IAI). Emerging players are Kongsberg Defence & Aerospace and Rafael Advanced Defense Systems.
Does Raytheon have an API?
No public API is recorded for Raytheon.
What industry is Raytheon in?
Raytheon's product category is Defense Systems and Missile Manufacturing. Its primary akta.pro industry code is IMABAHAD, Air Defense Missiles & Interceptors, with a secondary code of IMABAGAA, Radar Systems & Subsystems (Airborne, Ground, Naval). Its NAICS code is 336414 and its SIC code is 3760.